Saudi, Russia want to reverse sentiment as crude tests $80pb | MarketTalk: What’s up today? | Swissquote
The excellent combo of lower-than-expected US NFP, weaker-than-expected wages growth and the unemployment rate at an almost two-year high sent another wave of optimism to the financial markets on Friday that the Federal Reserve (Fed) is done hiking the interest rates. US yields further fell and US equities roared after three months of struggle.
In the FX, the US dollar slid the most since July and sank below its 50-DMA, triggering a beautiful rally in major pairs. The EURUSD flirted with 1.0750, Cable rallied to 1.2390, the USDJPY fell below the 150 mark, and the AUDUSD jumped to its 100-DMA...